Month: July 2024

Record Number of Companies Participate in Human Rights Campaign Foundation’s Brazilian LGBTQIA+ Workplace Equality Index; Impacts More Than 850,000 Employees

Stuart Mitchell

The Human Rights Campaign Foundation’s ‘HRC Equidade BR: Global Workplace Equality Program’ is the leading benchmarking survey and report recognizing employers in Brazil that have demonstrated a commitment to LGBTQIA+ equality by adopting crucial LGBTQIA+-inclusive policies and practices for their employees. Created in partnership with Instituto Mais Diversidade and the Forum de Empresas e Direitos LGBTI+, the third annual report names 79 organizations that earned the maximum score and were recognized with the 2024 HRC Foundation designation of “Best Places to Work for LGBTQIA+ People,” or in Brazil, “Melhores Empresas…

Read More

IFC to Finance Brookfield’s Bikaner Solar Power Project, Boost India’s Renewable Energy Capacity & Support Climate Goals

Stuart Mitchell

To support India in scaling up its renewable energy capacity, International Finance Corporation (IFC) has committed to part finance a ~550 MWp solar power project in Bikaner, Rajasthan being developed by Brookfield Asset Management (NYSE: BAM, TSX: BAM) (“Brookfield”) with $105 million through long-term non-convertible debentures allocated to the project’s special purpose vehicles, which are implementing the project. Following its commitment, Brookfield will provide solar power to commercial and industrial (C&I) consumers across India at more competitive tariffs through long-term power purchase agreements (PPAs) and contribute to the nation’s decarbonization…

Read More

UNHCR-Ipsos survey shows enduring public support for refugees, alongside stark variations in attitudes

Stuart Mitchell

A major survey on attitudes towards refugeesLink is external across the Global North and South shows that three-quarters of adults continue to believe that those fleeing war or persecution should be able to seek safety in other countries. The findings of the survey conducted by Ipsos – one of the world’s leading market research companies – with UNHCR, the UN Refugee Agency were released just ahead of World Refugee Day on 20 June. They paint a complex picture of perceptions of refugees, with significant differences in opinion based on the question…

Read More

Salesforce Accelerates Energy Transition with New Climate Investments

Stuart Mitchell

Salesforce have announced three major climate investments to accelerate a just energy transition. The company has joined Frontier, an advance market commitment (AMC) to collectively buy more than $1 billion of permanent carbon removal by 2030. Through this membership, Salesforce will commit $25 million to accelerate, scale, and commercialize the most promising carbon removal technologies. Salesforce has also contracted with Qualitas Energy, a leading global platform for investment, management, and development of renewable energy, to expand its renewable energy portfolio with a new 27-megawatt (MW) solar portfolio in Italy. This…

Read More

1.5°C still the goal: businesses disclosing climate transition plans jumps nearly 50%

Stuart Mitchell

Staying within 1.5°C remains a key business goal according to data released recently by CDP which shows the number of companies disclosing that they have 1.5°C-aligned climate transition plans has jumped nearly 50% in a year. The 44% increase means that over 5,906 companies (1 in 4) reported having climate transition plans in place last year through CDP, which runs the world’s only independent environmental disclosure system. A further 36% (8,200) disclosed that they expected to create one by 2025. The data suggests that progress on transition planning is no…

Read More